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Mixed-Use Property with Salon
For Sale
$350,000

4426 E Berry Road, Pleasant Lake, MI 49272

Commercial Sale, Pleasant Lake, MI

Property Size3,861 SF
Lot Size1.84 Acres
Price / SF$90.65
Days on Market367

Property Features for 4426 E Berry Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 201-Commercial
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Interior features Broadband
Elementary school district Northwest
Middle school district Northwest
High school district Northwest
Directions West from Meridian Rd.
Subdivision Jackson County - JX
Standard status Active
APN 000-04-18-476-002-02
Size 3,861 SF
Lot size 1.84 Acres

Additional Details

Tenant in Place Yes
Property Use Office, Salon, Residential

Taxes and HOA fees

Tax Year 2024
Tax Description BEG AT SE COR OF SEC 18 TH W ALG S SEC LN 627.5 FT TH N 0 degrees 30'50''W 33 FT TO THE POB TH CONT N 0 degrees 30'50''W 240.73 FT TH
Tax Annual Amount 6665
Legal Description BEG AT SE COR OF SEC 18 TH W ALG S SEC LN 627.5 FT TH N 0 degrees 30'50''W 33 FT TO THE POB TH CONT N 0 degrees 30'50''W 240.73 FT TH

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1991
Floors in Building 1
Number of units 3
Building materials Stucco, Vinyl Siding
Roof type Composition
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: Todd Rowe · License #6506049495
Added: Nov 3, 2025 Changed: Nov 3 Last Checked: Nov 4 at 2:06AM
MLS# 25056568

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,861-square-foot mixed-use property on 1.84 acres includes five offices, a conference area, reception space, and a breakroom. A salon with two workstations and a rented one-bedroom, one-bathroom apartment are also part of the property. Built in 1991, the building has forced-air heat and central air conditioning.

The property is located on E Berry Road in Pleasant Lake, Michigan. Broadband and cable service are available; water is provided by a well, and the site uses a septic system.

Key Highlights

  • 3,861‑square‑foot mixed‑use property on 1.84 acres
  • Five offices, conference area, reception space, and breakroom
  • Salon with 2 workstations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,998
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,960 $640.0K
Cap Rate 7%
$457,114 $457.1K
Cap Rate 9%
$355,533 $355.5K
Market Conditions
NOI Build-Up for 3,861 SF
Gross rent
$60.2K $15.60/SF
− Vacancy
−$9.0K −$2.34/SF
EGI
$51.2K $13.26/SF
− OpEx
−$19.2K −$4.97/SF
NOI
$32.0K $8.29/SF
Area
Jackson County, MI
Vacancy
15.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,960
Cap Rate 7%
$457,114
Cap Rate 9%
$355,533

Alternative Uses

Best Use
Office B
$462.3K
$404.5K – $539.3K (±1% cap)
NOI $32,358 @ 7.0% cap · market cap 9.25%
Second Best
Mixed Use
$457.1K
$400.0K – $533.3K (±1% cap)
NOI $31,998 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$616.3K
$539.3K – $719.1K (±1% cap)
NOI $43,144 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cutting Time Hair ... Hair Salon Wild Soul Suites Hair Salon Sharp Construction General Contractor

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Storage Facility Hair Salon Hotel & Motel Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 49272, MI

2,413
Population
1,210
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
217
Density / Sq Mi
$90,156
Median Household Income
$49,167
Median Earnings
$196,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five offices, a salon, and a rented apartment create a varied commercial and residential layout.
Where is this mixed-use property located?
The property is located at 4426 E Berry Road Pleasant Lake, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,861‑square‑foot mixed‑use property on 1.84 acres; Five offices, conference area, reception space, and breakroom; Salon with 2 workstations
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